XMD 1.23% 10,130 s&p/asx midcap 50

Not who you asked for but I was intrigued by the chart so here...

  1. 632 Posts.
    Not who you asked for but I was intrigued by the chart so here are my thoughts FWIW.

    Still looking overall bearish. Took a dive down to the lower tyne and rebounded to the middle tyne with a shakeout and test back in Jan and Feb. Looks to be dealing with a strong resistance level (previously support) at ~37 coinciding with the middle tyne and we have two 'upthrusty' looking candles. If it ever reaches it the komu shows resistance at the 42 level.

    ISHARES MSCI EMERGING INDEX FUND.png
 
watchlist Created with Sketch. Add XMD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.